LeverAI Staking Incentives Program Going Live with up to 360% APR!
Program Design and Details
The LeverAI Staking Incentives Program is going live on 15 May 2025 10pm EST with up to 360% APR!
The key guidelines of the LeverAI Staking Program is are as below.
(I) Dynamic Base Staking Rewards of 20- 30%
The dynamic reward system incentivizes users with up to 20-30% base staking rewards.
Users can stack up to 360% APR by choosing from the various time-based multipliers below.
(II) xLEVER, A Time-Based Multiplier for Earning LEVER
Users first lock up LEVER to mint xLEVER.
Based on different lock-up periods, different multipliers are applied on the staked LEVER tokens to generate xLEVER tokens:
- 30 Days Lock: 1x multiplier (1,000,000 LEVER = 1,000,000 xLEVER)
- 60 Days Lock: 2x multiplier (1,000,000 LEVER = 2,000,000 xLEVER)
- 90 Days Lock: 3x Multiplier (1,000,000 LEVER = 3,000,000 xLEVER)
- 180 Days Lock: 6x Multiplier (1,000,000 LEVER = 6,000,000 xLEVER)
- 360 Days Lock: 12x Multiplier (1,000,000 LEVER = 12,000,000 xLEVER)
Users earn LEVER based on the proportion of xLEVER tokens they have in the pool of staked xLEVER.
In effect, a user who locks up 1,000,000 LEVER for 12 months can expect to earn the same amount of LEVER as a user who locks up 12,000,000 LEVER for one month.
This also create a multiplier effect on a user’s staking APR. Assume that a user lock up for a period of 360 days, they can potentially be earning a 12x multiplier for up to 360% APR!
(III) One Time Initial Vesting of 28 Days
All users are subject to a one time initial vesting of 28 days before rewards can be collected thereafter.
Monthly Program Review
The LeverAI Staking Program is subject to monthly governance reviews to ensure fair participation and/or prevent any potential program abuse. Program rules may be amended during these reviews.
